President Joe Biden also invoked the Defense Production Act to boost critical minerals output in 2022. President Trump signed an executive order to increase production of critical minerals, including uranium, copper, potash, gold and possibly coal. The order directs federal agencies to expedite the review of mineral projects and prioritize mineral production over other projects …
Australian uranium producer Paladin Energy said on Friday it had temporarily halted operations at its Langer Heinrich mine in Namibia due to heavy rainfall in the country, sending its shares to an over one-week low. As a direct consequence of the severe weather event, access to the mine has been severely impeded and all activities …
Amid questions about AI power demand, tariffs and geopolitics, uranium investments have taken a hit Uranium investments have declined due to tariffs and geopolitical uncertainty, despite long-term fundamentals remaining solid. Canada, the largest uranium supplier to the U.S., and Russia, a major provider of enrichment services, are affected by tariffs and political tensions. Long-term uranium …
There’s major support at a federal level to stimulate growth in the North West. LNP candidate for Kennedy Annette Swaine at the former uranium mine at Mary Kathleen last week. Bob Katter says Mount Isa would be an ideal location for Australia’s first nuclear power plant – and he believes Peter Dutton will listen if …
President of Kazakhstan Kassym-Jomart Tokayev has signed a decree establishing the Nuclear Energy Agency under the President and appointed Almasadam Satkaliyev as its Chair on March 18 to oversee the country’s nuclear industry and enhance nuclear safety. The new agency will assume key responsibilities from the Energy Ministry, including uranium mining, the use of atomic energy, radiation …
A secure nuclear fuel supply chain is a national security imperative. With demand for nuclear energy growing worldwide, the need for nuclear fuel is urgent and critical to international competitiveness. Russia and China are boxing the US out of the global nuclear market by dominating uranium enrichment and luring reactor customers with attractive nuclear fuel …
Fourth-quarter 2024 U.S. production of uranium concentrate (U3O8) in the fourth quarter of 2024 totaled 375,401 pounds U3O8, more than triple the third quarter production of 121,296 pounds U3O8. This quarter’s total uranium production occurred at seven facilities, four in Wyoming (Nichols Ranch ISR Project, Lost Creek Project, Ross CPP and Smith Ranch-Highland Operation), two …
Orano and Navoiyuran announce an agreement laying the foundations for the industrial development of the South Djengeldi uranium mining project of their joint venture Nurlikum Mining. According to the terms of the agreement, the South Djengeldi project will be integrated into the existing industrial base of Navoiyuran that will be the project’s operator. The agreement …
Orano and Energoatom, the Ukrainian national nuclear operator, have today announced the signature of a major long-term commercial agreement for the supply of enrichment services through to 2040 by Petro Kotin, Acting Chief Executive Officer of Energoatom, and Nicolas Maes, Chief Executive Officer of Orano, during an official ceremony in the presence of Chairman of …
Nuclear power plants in the US get a lot of uranium from Canada and prices could rise with tariffs. President Donald Trump’s tariff threats could raise the price of uranium used to fuel US nuclear reactors, which could have ripple effects on a tenuous nuclear renaissance spurred by the growth of energy-hungry data centers. The …
